Price (฿): 0.000267828742702876

Market Cap: $155M

Volume (24h): $70M

Japan’s financial regulator has established a classification for cryptocurrencies that are traded online like money, this according to a report from The Japan News on December 15, 2018. Avoiding Confusion According to the article, the nation’s Financial Services Agency (FSA) has decided to position bitcoin and other cryptocurrencies under the category…

Paxos Standard Token (CURRENCY:PAX) traded down 0.3% against the US dollar during the 1 day period ending at 21:00 PM ET on December 12th. Paxos Standard Token has a market cap of $160.41 million and approximately $51.65 million worth of Paxos Standard Token was traded on exchanges in the last 24 hours. Over the last […]

BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Paxos Standard [PAX]. By listing a regulated stablecoin, BitMart aims to rebuild the trust in blockchain world and drive it towards a more mature future. PAX is an ERC20...

Binance has announced that Paxos Standard will be a base token in its new combined stablecoin market. The Crypto exchange is currently the largest on the globe when it comes to daily trading volumes as well as by the number of users on the platform. It also enjoys more than twice the trading volumes seen by […]

Major crypto trading platform Binance, which is the top exchange by volume has announced that it is renaming its Tether (USDT) market to a combined Stablecoin Market (USDⓈ). The move is part of the exchange’s efforts to support more trading pairs with different stablecoins as their bases. Binance, however, clarified that USDⓈ is not a...

A ”stable coin” is a cryptocurrency that holds a stable value. The coin gets pegged to another stable asset such as gold or the U.S. dollar for example. Unlike our traditional stable assets, a stable coin is global and not tied to a central bank. Why do we need Stable Coins? Cryptocurrencies are global currencies, […]

The birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these The recent birth of more stablecoins, which coincided with significant market losses for traditional cryptocurrencies, has drawn attention to the fiat-pegged digital assets. New dedicated platforms are now aggregating statistical data about their markets.

The “crypto winter” that has chilled cryptocurrencies and brought them lower plodded on this week as bitcoin (BTC) plunged to fresh year lows. The selling frenzy intensified as the U.S. Securities and Exchange Commission this week postponed once again its decision on a bitcoin ETF. The new deadline to review proposals by investment firm VanEck[...]

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD). All stablecoins

In this edition of the Daily, we look at Bitpay's decision to add the U.S. dollar-pegged PAX token to its list of settlement currencies. We also cover a In this edition of the Daily, we look at Bitpay’s decision to add the U.S. dollar-pegged PAX token to its list of settlement currencies.

The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender.

In case you haven’t already noticed, there is still one category of cryptocurrencies that has seen strong growth during this year’s crypto bear market: Stablecoins. As competition is heating up, new stablecoins has entered the market and investors are looking for less volatile digital assets during the market crash, the total stablecoin market capitalization and trading volume are growing.

As the cryptocurrency markets continue to sink to alarmingly low levels with almost all digital assets at all time lows, it seems that investors are running to the safe haven of the stable coin. We analyze the possibility of regulation by the SEC and speak to a number of stable coin executives.

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD). All stablecoins

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Several months ago, crypto exchange Gemini made waves when it announced that, with permission from the New York Department of Financial Services (NYDFS), it had created a USD-pegged cryptocurrency “stablecoin” that would provider traders